According to an exclusive report by LatePost, Moonshot AI (Kimi) has confidentially submitted its A1 filing to HKEX, officially commencing its Hong Kong IPO process. Concurrently, it is pursuing its final pre-IPO funding round at a pre-money valuation of $50 billion, which may be its last before listing. Kimi's valuation has surged this year, from approximately $4.3 billion in January to $35 billion after the K3 release, and now potentially $50 billion. The company declined to comment on market rumors.